May 2, 2017

APEX LEARNING, a provider of online courses for middle- and high-school students, has been acquired by private equity firm, Education Growth Partners. Terms of the deal were not disclosed.

Founded in 1997 by Microsoft co-founder Paul Allen, Apex Learning offers a comprehensive online library of remedial, core, test prep and Advanced Placement courses used in schools and at homes. These courses are that are available on a subscription basis. More than 3 million students were enrolled in one of its offerings during the 2016-2017 school year, according to the press release.

The longstanding Seattle-based company has raised more than $40 million from the likes of Warburg Pincus, Maveron Equity Partners, Vulcan Ventures and Kaplan. Apex has previously acquired two companies—Beyond Books in 2002 and Boxer Math in 2003.

May 2, 2017

APEX LEARNING, a provider of online courses for middle- and high-school students, has been acquired by private equity firm, Education Growth Partners. Terms of the deal were not disclosed.

Founded in 1997 by Microsoft co-founder Paul Allen, Apex Learning offers a comprehensive online library of remedial, core, test prep and Advanced Placement courses used in schools and at homes. These courses are that are available on a subscription basis. More than 3 million students were enrolled in one of its offerings during the 2016-2017 school year, according to the press release.

The longstanding Seattle-based company has raised more than $40 million from the likes of Warburg Pincus, Maveron Equity Partners, Vulcan Ventures and Kaplan. Apex has previously acquired two companies—Beyond Books in 2002 and Boxer Math in 2003.